For those home business owners lucky enough to survive the first two years, at some point, you might be contacted by someone internationally who’s heard about your business. Let’s face it, once youve conquered your local area and done business by post or email with other areas of the country, dipping a toe into international markets seems like the next logical step.
1. Costs Increase
If you are considering exporting a physical product, you have to understand that your costs can significantly increase. Thus, your products should be made as light as possible for the purposes of international shipping. Check that youd be able to get the things youre selling to the place where you plan to sell them without it becoming prohibitively expensive. Next, check if there are any customs requirements. Sometimes even the most well planned international businesses flop because they fail to take into account local laws or customs. s
2. Non Physibal Products
The best kind of product you can sell is a digital one, because the only cost of distribution is your bandwidth. Of course, you still need to worry about currency fluctuations. You therefore might...
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